Fertilizers31 (Harmonized System 1992 for 2-digit)
2020 World Trade: $62.6B, Rnk 47 / 96
2020 Top Exporter | Top Importer: $7.6B | $7.82B, Russia | Brazil
2020 Product Complexity: -1.24, Rnk 89 / 96
2019 - 2020 Export Growth (CAGR): -8.78%, Rnk 60 / 96
2018 Mean Tariff: 2.99%, Rnk 94 / 96
2020 Share of World Trade: 0.37%, Rnk 47 / 96
Overview This page contains the latest trade data of Fertilizers. In 2020, Fertilizers were the world's 47th most traded product, with a total trade of $62.6B. Between 2019 and 2020 the exports of Fertilizers decreased by -8.78%, from $68.6B to $62.6B. Trade in Fertilizers represent 0.37% of total world trade.
Fertilizers are a part of Chemical Products. They include Fertilizers.
Exports In 2020 the top exporters of Fertilizers were Russia ($7.6B), China ($6.99B), Canada ($5.49B), Morocco ($3.71B), and United States ($3.68B).
Imports In 2020 the top importers of Fertilizers were Brazil ($7.82B), India ($6.5B), United States ($5.34B), China ($2.62B), and France ($1.83B).
Tariffs In 2018 the average tariff for Fertilizers was 2.99%, making it the 94th lowest tariff using the HS2 product classification.
Ranking Fertilizers ranks 89th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Fertilizers. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Fertilizers are the world's 47th most traded product.
In 2020, the top exporters of Fertilizers were Russia ($7.6B), China ($6.99B), Canada ($5.49B), Morocco ($3.71B), and United States ($3.68B).
In 2020, the top importers of Fertilizers were Brazil ($7.82B), India ($6.5B), United States ($5.34B), China ($2.62B), and France ($1.83B).
Trade by country
Between 2019 and 2020, the exports of Fertilizers grew the fastest in Morocco ($403M), Jordan ($354M), Indonesia ($140M), Ukraine ($136M), and Turkmenistan ($53.9M).
Between 2019 and 2020, the fastest growing importers of Fertilizers were Nigeria ($186M), Hong Kong ($110M), Argentina ($103M), Switzerland ($85.7M), and Poland ($75.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Fertilizers.
In 2020, market concentration measured using Shannon Entropy, was 4.99. This means that most of the exports of Fertilizers are explained by 31 countries.
This map shows which countries export or import more of Fertilizers. Each country is colored based on the difference in exports and imports of Fertilizers during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Fertilizers were Russia ($7.48B), China ($4.37B), Canada ($4.1B), Morocco ($3.48B), and Belarus ($2.85B).
In 2020, the countries that had a largest trade value in imports than in exports of Fertilizers were Brazil ($7.66B), India ($6.36B), United States ($1.66B), France ($1.45B), and Australia ($1.33B).
In 2020, the world most traded Fertilizers, disaggragated by their HS6 level were Fertilizers ($62.6B)
This visualization shows the countries that have an important ratio of their trade related to Fertilizers. It is possible to select the main countries that export or import Fertilizers in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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